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Dec 28, 2012
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. >> rose: steve wynn who you admire greatly is opening up wynn resorts. at the opening about three or four weeks ago he has great chefs, probably would have loved to have had you. has one rule, though: the chef has to be there. >> uh-huh. yes. >> rose: elaine decass has a number of restaurants. he's on your list of top ten? >> without a doubt. somebody asked me on the plane yesterday "if you're such a hands-on chef, who does the cooking when you're not there?" the same people that do it when i am there. >> rose: (laughs) >> how do they get where they want to go if they're not given the reigns from time to time. so i am comfortable with what we'rdoin and ian guarantee the level of perfection. but i said to this person who asked me that question, can i ask you a very important question and he said yeah, what's that? i said you've got the most amazing suit on. >> he said it's armani. >> i said how much? he said a thousand dollars. i said when you bought it did you ask if gorgio stitched it? >> rose: (laughs) >> and that's the same level of peck answer the in
. >> rose: steve wynn who you admire greatly is opening up wynn resorts. at the opening about three or four weeks ago he has great chefs, probably would have loved to have had you. has one rule, though: the chef has to be there. >> uh-huh. yes. >> rose: elaine decass has a number of restaurants. he's on your list of top ten? >> without a doubt. somebody asked me on the plane yesterday "if you're such a hands-on chef, who does the cooking when you're not there?"...
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Dec 5, 2012
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>> i completely agree with steve. the russian influence on assad is real but limited. there is another country which has more influence on assad and it is iran. the real dilemma for the russians would be if we say, okay, let's have this netiation. let's have russia disabled but iran should be excluded. assad says, well, i am willing to be a part of the negotiations but not without iran. to accept the exclusion of iran would be a difficult concession for putin. my impression is that it is not quite there yet. >> woodruff: given that, again steve heydemann, how is the west looking at all this? >> it's happening very quickly. it's a matter of enormous concern. if the regime were to collapse in the absence of a political settment, he potentialor increased violence, the possibility that the opposition now is taking shape entirely is not yet ready to govern is seen as a very serious consideration in washington. however, the question of whether it would be possible for the u.s., for example, to accept a negotiated process in which assad himself were permitted to escape accoun
>> i completely agree with steve. the russian influence on assad is real but limited. there is another country which has more influence on assad and it is iran. the real dilemma for the russians would be if we say, okay, let's have this netiation. let's have russia disabled but iran should be excluded. assad says, well, i am willing to be a part of the negotiations but not without iran. to accept the exclusion of iran would be a difficult concession for putin. my impression is that it is...
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Dec 23, 2012
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and steve and rich. >> what do you think? >> jobs are going to be destroid even if they don't go overseas. health care costs are goi up. obama care is increasing alert . insurers have to take all comers and that will put a strain on it and mandates, consumers may not want them and politicians say you must have them and insurance costs are going up and we the people will be losers. >>> and the hobby lobby face a fine 1. 5 million if they don't dohat the government said they have to do via the health care law. >> i was corrected. 1.3 million a day. that is the daily fine they have to pay. >> let's make an important distunction we are notuve for dinner bets. mipemine is open for the anybody who doesn't think they will get exempted. i think it is. they have been giving health care to the employees over in the charity for years. theirob ligation is not health care, but it is a religious problem and it is going to be dealt w. i hope that the corporions in the country will take a lesson and understand the importance of health care t
and steve and rich. >> what do you think? >> jobs are going to be destroid even if they don't go overseas. health care costs are goi up. obama care is increasing alert . insurers have to take all comers and that will put a strain on it and mandates, consumers may not want them and politicians say you must have them and insurance costs are going up and we the people will be losers. >>> and the hobby lobby face a fine 1. 5 million if they don't dohat the government said they...
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Dec 7, 2012
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yeah, we'll speak to tim cook about continuing the legacy of steve jobs. plus chinese insurer picc put some spark back into the dismal, the big potential in the insurance. plenty more to come. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> we continue to monitor reaction to the earthquake and tsunami wave in japan right now. miyagi northern prefecture region. and we got a clarification from one of the plants. tokyo whether he can power saying workers instead of evacuating completely, the plant saying they have now reached a position inside the plant, they didn't evacuate. so they just made sure the workers have gone into a safe position. we'll keep monitoring events and any reports we get out. meanwhile, with germany's dax closing near five year highs, is it time for a rerating of european equities? highest close since january 2008. up 28% for the y
yeah, we'll speak to tim cook about continuing the legacy of steve jobs. plus chinese insurer picc put some spark back into the dismal, the big potential in the insurance. plenty more to come. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> we continue to monitor reaction to the...
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Dec 6, 2012
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thank you so much, steve liesman. we have breaking news on the fiscal cliff negotiations. john harwood with the details. over to you, john. >> maria, just wanted to bring you up to date on a development, which is the resumption of some staff level discussions between the congress, the speaker's office in particular, and the white house. we've been through a period where both sides, the principa s principals, the speaker and president have been striking tough lines in public, having made some initial moves towards cooperation, but word followed up no more meetings scheduled between the principals. wasn't that much going on staff to staff. that's changed today from yesterday. to you have some discussions resumed. i don't want to overplay the significance, but it is an encouraging sign for people who think that the ice had been beginning to crack around some of the positions, especially with the republicans on taxes. we may be looking for some forward movement. got to watch over the next day or so. >> this is good news, john. >> it is good news. it is an indication that we ma
thank you so much, steve liesman. we have breaking news on the fiscal cliff negotiations. john harwood with the details. over to you, john. >> maria, just wanted to bring you up to date on a development, which is the resumption of some staff level discussions between the congress, the speaker's office in particular, and the white house. we've been through a period where both sides, the principa s principals, the speaker and president have been striking tough lines in public, having made...
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Dec 6, 2012
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conversation with our steve liesman. in corporate news, the apple coming off its worst day ofs losses this almost four years. u.s. equity futures, though, not too bad so far today. indicated up about 15 points. today is thursday, december 6th, penultimate day before the day of infamy. "squawk box" begins right now. >> welcome to "squawk box." i'm becky quick along with joe kernen. andrew ross sorkin is on vacation this week. onset with us is drew mattis. welcome. thanks for getting up early. >> i'm always up at this time. >> we'll be going through secretary geithner's comments, but first let's get you up to speed on other stories. joe was talking about apple. it has been a rough ten weeks for the most valuable u.s. company. shares tumbling more than 6% yesterday shedding $35 billion of market value. among the reasons cited by analysts, a forecast by an influential research firm suggesting that the iphone and ipad maker is continuing to give up ground it rival the android gadgets. there were also unconfirmed reports that
conversation with our steve liesman. in corporate news, the apple coming off its worst day ofs losses this almost four years. u.s. equity futures, though, not too bad so far today. indicated up about 15 points. today is thursday, december 6th, penultimate day before the day of infamy. "squawk box" begins right now. >> welcome to "squawk box." i'm becky quick along with joe kernen. andrew ross sorkin is on vacation this week. onset with us is drew mattis. welcome....
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Dec 31, 2012
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and our own senior economics report steve leisman join us with their predictions here. david, start with you. what are you looking at? especially bear in mind we're going to be still feeling the effects of the fiscal cliff and technically we're going over it tonight. does this affect your thoughts of investing in 2013? >> absolutely it does, bill. and it has the last two months. we've seen a marked retreat from u.s.-based investments after u.s. centric holdings, the s&p 500 showing strong leadership in the first ten months of the year. what we've reason seen is now foreign markets picking up the slack. so i would say when we look into 2013, the opportunities most likely exist outside the united states, not in the u.s. >> outside of the united states is a large geographic area. can you narrow it down for us? like asia, europe, emerging frontier, what is it? >> of course, mandy. and that's part of the asset selection you have to do. for us one of the best areas we've seen has been in emerging market debt. it started out many years ago with the bricks and recently we've mo
and our own senior economics report steve leisman join us with their predictions here. david, start with you. what are you looking at? especially bear in mind we're going to be still feeling the effects of the fiscal cliff and technically we're going over it tonight. does this affect your thoughts of investing in 2013? >> absolutely it does, bill. and it has the last two months. we've seen a marked retreat from u.s.-based investments after u.s. centric holdings, the s&p 500 showing...
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Dec 3, 2012
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>> obviously, you know steve rather well. how would steve jobs feel about the current environment as it is right now at apple? >> well, again, i'm not inside of apple. i'm outside of apple looking at it. >> but you knew the way he thought about the world, and -- >> sure. steve jobs lived in a world of black and white. no compromises, perfectionist, he believed that you had to keep pushing the edges of innovation. and apple is still doing that. what apple is doing right now is it's building out the follow-on evolution very successful products like the ipad. now we have the ipad mini. so i think apple has got a few years of being able to do that. at some point, it's got to do something beyond that. >> john, there have been some notable stumbles in apple's past and in the recent past they have been able to surmount them and push them aside. what do you think is the biggest risk, whether product risk or execution risk in china, et cetera. if it you're long apple, what is the one thing that maybe makes you somewhat cautious going
>> obviously, you know steve rather well. how would steve jobs feel about the current environment as it is right now at apple? >> well, again, i'm not inside of apple. i'm outside of apple looking at it. >> but you knew the way he thought about the world, and -- >> sure. steve jobs lived in a world of black and white. no compromises, perfectionist, he believed that you had to keep pushing the edges of innovation. and apple is still doing that. what apple is doing right...
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Dec 25, 2012
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money that cofounder steve deangelo would end up on the street. >> we have taken $25 million a year of illegal drug sales off the streets of oakland and brought them in to harbor side. >> deangelo has been a marijuana activists since he was a teenager. says when he moved to california in 2001 there weren't many places for patients to buy marijuana safely. >> i started harbor side to create a model of best practices for the cannabis industry to demonstrate that it can be distributed in a way that professional and responsible and bring benefits to -- >> since it was founded, harbore world's largest marijuana dispensary. it serves more tan 115,000 patients. as expanded to a second location in san jose. deangelo's business attracted media attention from across the globe. >> the harbor side medical center this is actually the largest medical can business disbones knee. >> harbor side says it has 20,000 clients. >> from the harbor side health center in oakland. >> it wasn't just media that was paying attention. someone else noticed harbor side, too. the federal government. this past july u.s
money that cofounder steve deangelo would end up on the street. >> we have taken $25 million a year of illegal drug sales off the streets of oakland and brought them in to harbor side. >> deangelo has been a marijuana activists since he was a teenager. says when he moved to california in 2001 there weren't many places for patients to buy marijuana safely. >> i started harbor side to create a model of best practices for the cannabis industry to demonstrate that it can be...
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Dec 7, 2012
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steve, thanks so much for your time. steve fox, marijuana policy project in washington. >> house speaker john boehner is to speak on the fiscal cliff negotiations in just a few minutes. we'll bring you those comments live as soon as he starts speaking. plus, former ohio governor ted strickland will join us. he says republicans are not acting in the best interest of the country when it comes to the fiscal cliff and explain exactly why he's saying that on cnbc. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. i have obligations. cute toblig
steve, thanks so much for your time. steve fox, marijuana policy project in washington. >> house speaker john boehner is to speak on the fiscal cliff negotiations in just a few minutes. we'll bring you those comments live as soon as he starts speaking. plus, former ohio governor ted strickland will join us. he says republicans are not acting in the best interest of the country when it comes to the fiscal cliff and explain exactly why he's saying that on cnbc. [ male announcer ] this is...
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Dec 5, 2012
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today as steve will be, what would your first question to him be? >> my questions would be about dividends and capital gains as they're market related. with the dividends we've seen a tremendous amount of companies bring them forward in the name of tax avoidance. in both france and england we've seen a tremendous amount of steps taken for tax avoidance when they hire -- >> people leave. >> my only question, there have been studies done on that in the united states to figure out what the effect would be. my second question would be, back in '08 when the president was debating hillary clinton accepted the concept that every time we've raised capital gains tax, the receipts from that have gone down. every time we've lowered it, they've gone up. he accepted that. i want to know if his opinion is modified or is he considering laying off tax and business investment for fear that it will give us less of it. >> two very interesting questions there about what effect a change in taxes does to behavior. i think you can't deny the fact that it does change behav
today as steve will be, what would your first question to him be? >> my questions would be about dividends and capital gains as they're market related. with the dividends we've seen a tremendous amount of companies bring them forward in the name of tax avoidance. in both france and england we've seen a tremendous amount of steps taken for tax avoidance when they hire -- >> people leave. >> my only question, there have been studies done on that in the united states to figure...
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Dec 1, 2012
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let's go to steve in new york please steve >> caller: greetings jim from the beautiful finger lakes of central new york. >> i love the finger lakes. what's going on? >> caller: two-part question for liberty brands. it looks like the revenue numbers are finally catching up with the same store sale numbers as evidenced this past month. the stock has been in a trading range 45 to 49 for several months. today it closed at 52.15. is this the breakout we've been waiting for? >> i'm going to say yes. no one had a good month in november except for amazon and euro play and limited. if you have have a good month of november when a lot of businesses were shut down because of sandy, who knows what could happen during the closer we get holiday season period like right now. limiteds for me for you. what the heck was up with office max? i thought it would be left for dead but it's coming back to life. the company has some things going for it. if you're looking to get in, you'll see some senator or congressman say -- >> coming up send cramer an e-mail to mad money.com. or tweet him on an all new editi
let's go to steve in new york please steve >> caller: greetings jim from the beautiful finger lakes of central new york. >> i love the finger lakes. what's going on? >> caller: two-part question for liberty brands. it looks like the revenue numbers are finally catching up with the same store sale numbers as evidenced this past month. the stock has been in a trading range 45 to 49 for several months. today it closed at 52.15. is this the breakout we've been waiting for?...
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Dec 7, 2012
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i'm becky quick along with joe kernen and steve liesman. the november jobs report is now just about 150 minutes away. count do countdown is on. the economy probably added about 80,000 jobs last month. reuters consensus is a little higher at 93,000. the unemployment rate expected to hold steady at 7.9% and economists say the slow down in nonfarm payrolls will reflect the effect of sandy. joining us this hour is bank of america merrill lynch global research senior research economist michelle mire and we'll talk through everything that's been happening through jobs and what to expect. but first, there is a developing story. an earthquake off the northeast coast of japan triggered a tsunami warning. the warning has been lifted, but it was a 7.3 quake. so far no reports of any injuries or damage. it was for the same area devastated by an earthquake and tsunami back in march of last year. we will continue to bring you any developments. in the meantime, steve has some of the morning's top other stories. >> let's start with the markets. asian stock
i'm becky quick along with joe kernen and steve liesman. the november jobs report is now just about 150 minutes away. count do countdown is on. the economy probably added about 80,000 jobs last month. reuters consensus is a little higher at 93,000. the unemployment rate expected to hold steady at 7.9% and economists say the slow down in nonfarm payrolls will reflect the effect of sandy. joining us this hour is bank of america merrill lynch global research senior research economist michelle mire...
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Dec 19, 2012
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. >> woodruff: but retiring ohio congressman steve la tourette predicted that in the end most could live with higher tax rates if they are part of a broader package. >> if i had to say where most of the votes are today, most will accept an increase in tax rates but they really want a way forward on how we're going to get the rest of the government under control. >> woodruff: but the only real certainty appeared to be that lawmakers will be back in washington right after christmas if there's to be any deal before the new year's deadline. and to two reporters who've been closely watching this story. todd zwillich covers congre forublic radio international's he takeawayon wnyc. and carol lee of the "wall street journal" joins us from the white house. thank you both for talking to us. carol, i'm going to start with you. from the white house perspective, where do things stand? >> i think from the white house perspective, the ball is essentially in the house john boehner's court. i think the president and his team of advisors feel that they've positioned him fairly well, that he's in a very de
. >> woodruff: but retiring ohio congressman steve la tourette predicted that in the end most could live with higher tax rates if they are part of a broader package. >> if i had to say where most of the votes are today, most will accept an increase in tax rates but they really want a way forward on how we're going to get the rest of the government under control. >> woodruff: but the only real certainty appeared to be that lawmakers will be back in washington right after...
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Dec 26, 2012
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our thanks to steve for that. >>> meantime, coming up on the show, will washington be able to get its act together to avoid letting the u.s. economy fall off a cliff? we've got a panel of washington insiders to give you the real story. >>> plus, a closer look at the markets including a best emerging market performer this year. if you invested in this index, you'di inbe up 50%. we'll tell you what it is and what could see a pop next year. >>> we'll bring you retail numbers as they trickle in. much coming up. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. you can stay in and share something... or you can get out there and act
our thanks to steve for that. >>> meantime, coming up on the show, will washington be able to get its act together to avoid letting the u.s. economy fall off a cliff? we've got a panel of washington insiders to give you the real story. >>> plus, a closer look at the markets including a best emerging market performer this year. if you invested in this index, you'di inbe up 50%. we'll tell you what it is and what could see a pop next year. >>> we'll bring you retail...
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Dec 11, 2012
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steve, thank you very much. appreciate it. of course go to cnbc.com for more information. >> we will have coverage of the fed decision at 12:15 p.m. eastern time. brian sullivan will be hosting that. of course followed by mr. bernanke's news conference. coverage of that begins "street signs" 2:00 p.m. eastern time. mr. liesman will probably be at that news conference. come on over here, mr. liesman. we have a very special guest. there is a lot of people in washington that can't get no satisfaction today chuck lavelle, small business optimism plunging, election, storm sandy adding to fiscal cliff worries. joining us special guest chuck labelle, the keyboardist for rolling stones if you don't know. co-founder of mother nature network which just merged with discovery and author of a book, growing a better america. since woodall rodgers a business network, i have to ask you, you're a businessman. does this fiscal cliff stuff worry you and the prospect of higher taxes worry you? what do you think? >> i think it worries all of us, d
steve, thank you very much. appreciate it. of course go to cnbc.com for more information. >> we will have coverage of the fed decision at 12:15 p.m. eastern time. brian sullivan will be hosting that. of course followed by mr. bernanke's news conference. coverage of that begins "street signs" 2:00 p.m. eastern time. mr. liesman will probably be at that news conference. come on over here, mr. liesman. we have a very special guest. there is a lot of people in washington that can't...
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Dec 18, 2012
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on the technical side, it's richard ross and on the fundamental side it's steve cortes with veracruz. rich, look at the charts. which of these do you prefer, or do you prefer them right now. >> well, bill, the case of the biggest loser here, but overwhelmingly i prefer groupon. stock became public a year ago in facebook style. lost 90% of its value in just 12 months. had a nice bounce here. we've taken out the downtrend from the february high and taken out 509-day moving average. you see that key resistance, that key level at 550. i think we're going to take that out. we have a v-shaped reversal. a lot of momentum. we see projected upside to the 200 day, 8.40, 8.50, a very nice upside. we'd be a big buyer of groupon. j.c. penney, stay away from j.c. penney. the stock has been disappointing investors for over five years. down 87% from the 2007 high around $90. gotten a little bit of a bounce. you want to fade that bounce. don't trade that bounce. >> okay. >> you can sell your shares to steve because you want to buy them, right? >> i'm on the exact other side of this. bill, would i say
on the technical side, it's richard ross and on the fundamental side it's steve cortes with veracruz. rich, look at the charts. which of these do you prefer, or do you prefer them right now. >> well, bill, the case of the biggest loser here, but overwhelmingly i prefer groupon. stock became public a year ago in facebook style. lost 90% of its value in just 12 months. had a nice bounce here. we've taken out the downtrend from the february high and taken out 509-day moving average. you see...
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Dec 13, 2012
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cnbc's steve liesman joins us now with more. you could have been, steve, oh, you're going to do it actually. on any of the previous discussions that we've had. you could have been here and i would have valued your input. but what we finally decided was, either -- >> ten years. >> took ten years to do that. >> yeah, yeah, yeah. what we finally decided was that, whether andrew's right with this reinhart rogue off, the financial crisis was so deep, or whether i'm right that a lot of government policies with regulation, and uncertainty, whether one of us is right about the economy, just not -- >> somewhere in the middle. >> both right in the middle. but we still need training wheels and bernanke is all too willing to have those training wheels on indefinitely. >> well, first of all from bernanke's point of view he has this zero interest rate policy. he cannot set policy below zero. he has this problem. what is the appropriate policy for the economy and the way it is given -- >> given his duel mandates. we've got to change the dual m
cnbc's steve liesman joins us now with more. you could have been, steve, oh, you're going to do it actually. on any of the previous discussions that we've had. you could have been here and i would have valued your input. but what we finally decided was, either -- >> ten years. >> took ten years to do that. >> yeah, yeah, yeah. what we finally decided was that, whether andrew's right with this reinhart rogue off, the financial crisis was so deep, or whether i'm right that a lot...
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Dec 17, 2012
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this one is from steve baco @stevebaco87. he would love if you could shed some light on how to play stocks such as limited brands when they announce the special dividend and the stock drops. you're getting the dividend. there's no real edge to it. if you liked the stock before, you should buy more of it if you like it. it's just -- they just deduct the price of dividend from the stock. so it's not like the stock's been hammered. it's just you've got it in a return to you. but i do like limited very much, and i think it's a buy. maybe that's the most important thing. here's a tweet from manny. he asks, hey, jim, with soda, soda stream getting to the super bowl in a big advertising push, do you see this as a buy, buy, buy? very controversial stock. this is a trading vehicle, i'm always reluctant to say buy it because then the next thing i know someone says listen, they can't maintain the gross margins, but i think it's probably a trade into the super bowl. i'm just not crazy about it. why? because i'm conservative. and i'm not
this one is from steve baco @stevebaco87. he would love if you could shed some light on how to play stocks such as limited brands when they announce the special dividend and the stock drops. you're getting the dividend. there's no real edge to it. if you liked the stock before, you should buy more of it if you like it. it's just -- they just deduct the price of dividend from the stock. so it's not like the stock's been hammered. it's just you've got it in a return to you. but i do like limited...
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Dec 3, 2012
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steve mcmahon, purple strategies. when the cameras aren't rolling, you love and respect leader armey. >> well, one of the things that happen in washington is you're in these green rooms all the time and i don't agree with him on anything, but he's a terrific guy. >> i saw a parity and ann coulter and al sharpton got off appearing on some show and they high fived each other in the green room and they were calling each other honey and what's our next gig, where is it going to be? and it was totally, hate when they're out there arguing. >> they're human beings. and it's the way washington used to work. people used to socialize together, whether they were democrats or republicans. they built an entire notion on the company that you can get democrats and republicans to work together to solve business and brand challenges. that's the key issue. >> they don't know each other. they don't socialize each other. there's a taint with doing it. let me give you an idea. we've got a fiscal cliff now. we have the fiscal abyss next ye
steve mcmahon, purple strategies. when the cameras aren't rolling, you love and respect leader armey. >> well, one of the things that happen in washington is you're in these green rooms all the time and i don't agree with him on anything, but he's a terrific guy. >> i saw a parity and ann coulter and al sharpton got off appearing on some show and they high fived each other in the green room and they were calling each other honey and what's our next gig, where is it going to be? and...
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Dec 26, 2012
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. >> steve weiss quickly. >> john, how do you see it playing out? we've seen a lot of ends being front end loaded only to fall off and maintain the back end. with everything that's going on in terms of spending, cutting back from europe and from u.s. standpoint. how do you see it playing out next year in terms of the market action? >> in terms of the market action, what we would expect, the first quarter a lot is going to depend on what happens with the fiscal cliff. as i said before, if we move into a recession, you're not going to get a 1585 target or 2 $108 in earnings. we're not expecting the powers that be in washington are going to be willing to save a defeat from the jaws of victory. >> you haven't watched them before, john, have you? >> i've been around for a long time. i have watched them before. i do know that they worry about legacy. the history books would write about them and say do this. >> it's good to talk to you. thank for coming on. >> thanks for having me. >>> pete, 1585 is the price target. second highest on the street just behin
. >> steve weiss quickly. >> john, how do you see it playing out? we've seen a lot of ends being front end loaded only to fall off and maintain the back end. with everything that's going on in terms of spending, cutting back from europe and from u.s. standpoint. how do you see it playing out next year in terms of the market action? >> in terms of the market action, what we would expect, the first quarter a lot is going to depend on what happens with the fiscal cliff. as i said...
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Dec 4, 2012
12/12
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. >> steve, good to have you on the program. >> thanks, maria. appreciate it. >> always nice to see you. new york presbyterian ceo. >>> will will move your money first thing tomorrow morning? we'll check it out for you. three of wall street's top experts weigh in. stay with us on "the closing bell." [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason more investors are saying... sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. ha
. >> steve, good to have you on the program. >> thanks, maria. appreciate it. >> always nice to see you. new york presbyterian ceo. >>> will will move your money first thing tomorrow morning? we'll check it out for you. three of wall street's top experts weigh in. stay with us on "the closing bell." [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch...
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Dec 30, 2012
12/12
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it is ironic that i'm getting the steve schneider war. we could not have been more opposite. -- award. we cannot have been more opposite. he had the gift of gab. he is so particulate as it didn't -- as a student. and, as i say, we couldn't have been more opposite. he -- as i was this tactiturn midwest scientist who wanted to do the numbers and do my science and not talk about it, but he would come to my door, he would be in the door of my office and talking to me and, eventually, i would turn around and be working on my desk and he -- somehow, he couldn't take the hint. [laughter] but when anniek who was then my girlfriend, would visit me, then she would see that, well, i really didn't want to talk to steve. so she would talk to him, and that was good, let me try to work. but if you try to work, you know, like when the television is on, and you're trying to do work, it's very hard. but, anyway, we actually -- despite this, we became friends and anniek and i went mountain climbing with him in the small mountains around new york. but -- >>
it is ironic that i'm getting the steve schneider war. we could not have been more opposite. -- award. we cannot have been more opposite. he had the gift of gab. he is so particulate as it didn't -- as a student. and, as i say, we couldn't have been more opposite. he -- as i was this tactiturn midwest scientist who wanted to do the numbers and do my science and not talk about it, but he would come to my door, he would be in the door of my office and talking to me and, eventually, i would turn...
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Dec 5, 2012
12/12
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is that the same as product genius and marketing genius that steve jobs had? we'll have to evaluate that over the next year. he has taken apple to be the largest listed market capitalization company on any u.s. exchange. now we'll see what he can do over the next 12 months or 14 months to find new markets and to continue growth. >> all right. colin, thank you for phoning in. >> euro retreating from a seven-week high against the dollar on poor demand for spanish bond auction today and indeed it must be said weaker than eurozone retail sales figures. andy, welcome. where does the euro go from here? >> hi, simon. there's a couple things that make me worried about the euro today. we made a higher high and are making a lower close. as we get into this week, we have only one more week before things turn over as far as risk goes in the financial markets. i'm worried about the fiscal cliff, yes. negotiations look ugly. also i'm worried about u.s. stocks once they start to go ex-dividend and costco and disney on december 10th will be poster children for what happens to
is that the same as product genius and marketing genius that steve jobs had? we'll have to evaluate that over the next year. he has taken apple to be the largest listed market capitalization company on any u.s. exchange. now we'll see what he can do over the next 12 months or 14 months to find new markets and to continue growth. >> all right. colin, thank you for phoning in. >> euro retreating from a seven-week high against the dollar on poor demand for spanish bond auction today...
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Dec 17, 2012
12/12
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inside, getting ready for this, and outside, lining up outside and getting ready for the service inside, steve, your thoughts about, you know, dealing with this and is also that, i know you see senator joe lieberman in line and obviously, he was out here on fox news sunday talking about dealing with this and also, as you mentioned, something we talked about, hollywood, video games and other aspects to what nina talks about, the broad, perhaps, commission approach to a bigger problem. >> yeah, i think if you -- if you -- you know, basically there's going to be this broad national discussion, i hope it's broader rather than more narrow, but what struck me from the words from robbie parker yesterday as he remembered his daughter who died in the shooting was that he took the time to remember and think about the family of the shooter, which i just found, you know, as a of a seven-year-old, five-year-old and a two-year-old, to see him take that time in that moment as he's taking and remembering his own daughter and remember the family of the shooter and say, i'm not mad, i forgive them, i'm thinking
inside, getting ready for this, and outside, lining up outside and getting ready for the service inside, steve, your thoughts about, you know, dealing with this and is also that, i know you see senator joe lieberman in line and obviously, he was out here on fox news sunday talking about dealing with this and also, as you mentioned, something we talked about, hollywood, video games and other aspects to what nina talks about, the broad, perhaps, commission approach to a bigger problem. >>...
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Dec 12, 2012
12/12
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steve tanger is talking about having a terrific holiday season. go to "the new york times" and read it. >> deutsche bank takes down novartus. >> i wouldn't sell this stock. >> piper upgrading. >> i've been watching the king stock go up. it seems like there's some sweet spot for gaming. it's probably okay now. >> then affirmation here. >> big cap stocks have been saying, look, things are fine. 3m, danner, these are not supposed to be fine. maybe something's better. >> all right. nicely timed once again. let's get some breaking news in washington. ayman? >> carl, this is actually breaking political news. today announcing new regulations on so-called 501 tax-exempt organizations that engaged in electioneering under federal law as it stands right now, they're allowed to engage in electioneering and not reveal who their donors are. now schneiderman in new york saying the state is going to require them to reveal if they spend up to $10,000 in that state. the groups that spend at least $10,000 to influence state and local elections in new york will be re
steve tanger is talking about having a terrific holiday season. go to "the new york times" and read it. >> deutsche bank takes down novartus. >> i wouldn't sell this stock. >> piper upgrading. >> i've been watching the king stock go up. it seems like there's some sweet spot for gaming. it's probably okay now. >> then affirmation here. >> big cap stocks have been saying, look, things are fine. 3m, danner, these are not supposed to be fine. maybe...
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Dec 17, 2012
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steve liesman is now joined by jeffrey lacker. steve, take it away. >> david, thanks very much. i'm here with jeff lacker, the lone dissenter in the last fed meeting. i think you dissented all year long. >> true. >> let's get into the reason why you dissented. in the past you dissented on the purchases. this time there was a new aspect to the statement. you dissented on the issue of the economic targets. what's wrong with 6.5% unemployment and 2.5%? >> i was happy to get rid of the calendar date. i thought it was flawed, created awkward problems for us when the time came to adjust it one way or another. i was happy to get rid of that. i agreed to that part of the committee's decision. i think that setting a numerical threshold for unemployment, i would have preferred a qualitative approach to describing conditions under which we'd -- we're likely to start raising rates. numerical threshold for unemployment is risky for a couple of reasons. first, because no one's statistic can really capture everything we think is going on in the labor market. the unemployment rate can fall for
steve liesman is now joined by jeffrey lacker. steve, take it away. >> david, thanks very much. i'm here with jeff lacker, the lone dissenter in the last fed meeting. i think you dissented all year long. >> true. >> let's get into the reason why you dissented. in the past you dissented on the purchases. this time there was a new aspect to the statement. you dissented on the issue of the economic targets. what's wrong with 6.5% unemployment and 2.5%? >> i was happy to get...
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Dec 5, 2012
12/12
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steve, no dolphins -- i thought dolphins -- how many games did you lose? >> well, we've lost seven games. >> you won a few good games. >> at the end of the day, you're in the business to win. you don't like being under 5-7 isn't exactly -- >> have you talked to woody? >> woody is one guy who will make me feel better. >> new york is a lousy place if you're not winning. >> to stink. >> any place is a lousy place if you're not winning. >> exactly, in january i'd rather be losing in miami than in new york. >> that's because you don't own the team. >> thank you very much. >> thank you. pleasure being here. >>> when we come back. we have a lot still to come. steny hoyer on the fiscal cliff talks. then at 8:15 eastern, we have the adp numbers. mark zandi is here to talk through the market reaction. >>> 8:40 eastern, jeffrey solomon will be stopping by. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one
steve, no dolphins -- i thought dolphins -- how many games did you lose? >> well, we've lost seven games. >> you won a few good games. >> at the end of the day, you're in the business to win. you don't like being under 5-7 isn't exactly -- >> have you talked to woody? >> woody is one guy who will make me feel better. >> new york is a lousy place if you're not winning. >> to stink. >> any place is a lousy place if you're not winning. >>...
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Dec 15, 2012
12/12
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give you a better feel for what it was like inside the church later on. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >> this is a community of 27,000 people. it is quiet and spacious and the houses where trees stretch for long periods between houses and still a close town. and people know each other. and that's why they needed something, anything to try to come together after the horrors that they were forced to endure today. the fact that so many of their children in this community will no longer be with them. they gathered at a catholic church in town called saint rose of lima. jason carroll was there for the vigil and it was standing room only. there are hundreds of people that
give you a better feel for what it was like inside the church later on. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just...
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Dec 6, 2012
12/12
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it could 3 steve joos is one of the greatest entreppeneers in american history.so the actor chosen to play him in a movve &pabout his life.. might come a a surppise. surpsise.funnymmn ashhon titled "jobs."check out this - photo of kutcher from the film. do you see a resemblance??he movie was just announced as the clooinggnight film of next year'sssunddnce film festivaa. &pjobs died last year after a battle with ancreatic cancer. riiannaais teaming uu with the style network... for a new reality show alled "styled to rock."the singer will star in the show... and serve as executive producer. 12 aspiring fashion designers... handpicked by rihanna... will get the chance to create fashion pieees for celebbities. the series is scheduled to premiere in 2013. "ttavel and llisure" is out with a list... of the cities with the prettiest people. people.if you're wondering if baltimore made the list... the answer is "no." readerr to grade cities on &pthings like: fashion sense... fftness level... or people-watching.and here's the list it came up with: with:number 10... minneapolis. nummer 9... hono
it could 3 steve joos is one of the greatest entreppeneers in american history.so the actor chosen to play him in a movve &pabout his life.. might come a a surppise. surpsise.funnymmn ashhon titled "jobs."check out this - photo of kutcher from the film. do you see a resemblance??he movie was just announced as the clooinggnight film of next year'sssunddnce film festivaa. &pjobs died last year after a battle with ancreatic cancer. riiannaais teaming uu with the style network......
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Dec 23, 2012
12/12
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steve nash was back in the line-up.. a this one went to over time. christian hit the clock.. ls do this... lakers came to town to face the warriors at oracle. this one went to overtime. let's go ahead and do this. kobe with a chance to win this thing at the end of regulation. look at him go from the corner there. but this one would not fall down, so we go into overtime. kobe would wind up with 34 points. kobe on the ground. turns around. l.a. takes this one 118-115 in overtime. >>> chiney ogwumike, just a monster game against tennessee. no. 1 stanford takes care of tennessee, 73-60 and moves on to a perfect 11-0 on the year. >>> usf trailed by five at halftime but could not shut them down. they are now 5-and-5. >>> when the niners take on seattle, they will be without justin smith. espn is reporting that smith is out for the showdown. smith's elbow is still bothering him. his streak of 185 games will come to an end. >>> and probably the lone great spot in lions season. calvin johnson breaks the record set by jerry price. falcons do clinch the no. 1 seed in the nfc west with t
steve nash was back in the line-up.. a this one went to over time. christian hit the clock.. ls do this... lakers came to town to face the warriors at oracle. this one went to overtime. let's go ahead and do this. kobe with a chance to win this thing at the end of regulation. look at him go from the corner there. but this one would not fall down, so we go into overtime. kobe would wind up with 34 points. kobe on the ground. turns around. l.a. takes this one 118-115 in overtime. >>>...
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Dec 14, 2012
12/12
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and cutting regulations, they can be part of a party that's going to allow them to become the next steve jobs or the next mark zuckerberg. they can create wealth and they can keep that wealth here in the united states rather than having to move it overseas. and they can create jobs in the united states. >> cutting spending is all good. i'm a reagan free market supply side guy, but economic growth is important. wealth is important. entrepreneurship is important. doesn't the gop have to have something more up beat? >> we're acting sort of like it every product is a business principle. a brand is not a logo. it's a promise. once a great company starts going short on its promise, it starts to deteriorate. >> what did they go short? >> i'm partisan. i'm a conservative. i'll admit that. it's built on a broken promise. the promise was that it would stick towards low taxation. it favors success, not punish it. it wouldn't make bargains on those key principles. and once you start to do that, you abandon your customers. in other words, your followers and you're left with a party that there's nothi
and cutting regulations, they can be part of a party that's going to allow them to become the next steve jobs or the next mark zuckerberg. they can create wealth and they can keep that wealth here in the united states rather than having to move it overseas. and they can create jobs in the united states. >> cutting spending is all good. i'm a reagan free market supply side guy, but economic growth is important. wealth is important. entrepreneurship is important. doesn't the gop have to...
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Dec 24, 2012
12/12
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what happen fess we don't in steve liesman's predictions. >>> have you bought an apple product on-line from anyone? if you have, listen up, snatch and grabs are plaguing apple users throughout the country and are making their way on-line. [ male announcer ] citi turns 200 this year. so why exactly should that be of any interest to you? well, in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. like the transatlantic cable that connected continents. and the panama canal that made our world a smaller place. we supported the marshall plan that helped europe regain its strength. and pioneered the atm, so you can get cash when you want it. it's been our privilege to back ideas like these, and the leaders behind them. so why should our anniversary matter to you? because for 200 years, we've been helping people and their ideas move from ambition to achievement. and the next great idea could be yours. ♪ executor of efficiency. you can spot an amateur from a mile away... while going s
what happen fess we don't in steve liesman's predictions. >>> have you bought an apple product on-line from anyone? if you have, listen up, snatch and grabs are plaguing apple users throughout the country and are making their way on-line. [ male announcer ] citi turns 200 this year. so why exactly should that be of any interest to you? well, in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in...
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Dec 22, 2012
12/12
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and wayne lapierre -- go ahead, steve. i would say wayne lapierre's point was sort of that, i don't think hi would think it was astonishing at all. >> no, it's really important things going on here. the bill that passed in michigan, sb-51, sponsored by one of my fellow board members, would have allowed those of us with concealed licenses to carry in the list of places that are curtly off-limits to us legally. they're called pistol-free zones in the current law. but we know that's not true. the other thing that's really important to note is that this is -- at mish gal level and most states, this is a grassroots effort. i get paid nothing for doing what i do. we have two part-timers who do full-time work and get paid a small amount. we don't make money off of this. we sincerely believe that the way to increase safety is to allow responsible people to defend themselves and defend others. >> when you look, steve, at a case like the shooting of gabby giffords, that was not a gun-free zone, there were people who were armed. some
and wayne lapierre -- go ahead, steve. i would say wayne lapierre's point was sort of that, i don't think hi would think it was astonishing at all. >> no, it's really important things going on here. the bill that passed in michigan, sb-51, sponsored by one of my fellow board members, would have allowed those of us with concealed licenses to carry in the list of places that are curtly off-limits to us legally. they're called pistol-free zones in the current law. but we know that's not...
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Dec 11, 2012
12/12
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steve balmer? you don't think steve gates will fire him, do you? >> i'm not sure what he's thinking. bill gates and balmer are friends, there's loyalty there. but balmer is running a circus at microsoft right now. windows 8 is not anything that he thought it would be. the surface tablet the same thing. i think they have an opportunity at xbox, that they're not taking advantage of. it's a matter of not being aggressive and going with the same old tools and working out of the same old toolbox. i know david is there. the interviews he's done with meg whitman is unbelievable. he asked her how many different ways why are you still in the printing business, meg? she gives the same answer over and over again. we need transformational ceos in the tech companies or they'll go by the wayside. >> you cite actually marisa meyer, and the yahoo effect she has by moving over. to that end, talk me through where you are on other companies that might be drawn into that. >> well, i think best buy was the best example. they had the same search firm that was -- you kno
steve balmer? you don't think steve gates will fire him, do you? >> i'm not sure what he's thinking. bill gates and balmer are friends, there's loyalty there. but balmer is running a circus at microsoft right now. windows 8 is not anything that he thought it would be. the surface tablet the same thing. i think they have an opportunity at xbox, that they're not taking advantage of. it's a matter of not being aggressive and going with the same old tools and working out of the same old...
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Dec 16, 2012
12/12
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steve? >> yeah, shannon, reaction here in washington. so far very far reaching shock and grief new push for gun control as you can imagine and ideas for dealing with mass violence in this country. everyone seems to agree it's a difficult challenge with no eyesy solutions. >> we have to come a knowledge there is no simple solution. yes there needs to be a conversation about gun control but also about the way we treat mental illness, also about the culture of violence in this country which may have contributed to the way in which this very disturbed young man thought of course a hot topic on the sunday talk shows. joe lieberman of connecticut and congressman jason chaffets of utah both suggesting the mats media including violent negative video games negatively influence impressionable young men. dick durbin and lieberman suggesting a national commission on mass violence to find ways of preventing future tragedies like this. and some are pointing to a better mental health and better mental health screening as part of the answer. >> i think
steve? >> yeah, shannon, reaction here in washington. so far very far reaching shock and grief new push for gun control as you can imagine and ideas for dealing with mass violence in this country. everyone seems to agree it's a difficult challenge with no eyesy solutions. >> we have to come a knowledge there is no simple solution. yes there needs to be a conversation about gun control but also about the way we treat mental illness, also about the culture of violence in this country...
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steve cohen can invest to his heart's desire. he can invest all he wants, it is just that he will be a registered investment advisor. cheryl: thank you. it will be fascinating to see how far they get or do not get with steve cohen. charlie, thank you very much. "the closing bell" will ring in 29 minutes. it could be the worst month for ipos in ten years. paralyzed by the fiscal cliff. when will deals start to flow? that is coming up next in a fox business exclusive. ♪ says that clear answer is gold hi, i'm phil mickelson. i've been fortunate to win on golf's biggest stages. but whenoint pain and stiffness from psoriat arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffns, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower your ability to fight infections. sious, sometimes fatal events including infections, tuberculosis, lymphoma, other
steve cohen can invest to his heart's desire. he can invest all he wants, it is just that he will be a registered investment advisor. cheryl: thank you. it will be fascinating to see how far they get or do not get with steve cohen. charlie, thank you very much. "the closing bell" will ring in 29 minutes. it could be the worst month for ipos in ten years. paralyzed by the fiscal cliff. when will deals start to flow? that is coming up next in a fox business exclusive. ♪ says that...
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Dec 23, 2012
12/12
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and tonight they expect to have steve nash back in the lineup. the normer santa clara star missed the last 24 games with a fractured fibula. the last time they played the warriors they blew them out by 24. >>> as for the warriors they beat the bobcats last night. david lee had a triple/double and 23 points, 11 rebounds and 11 assists. now watch this. late in the game, take a look at the arrow rookie barnes on bench threw a towel in the air during a bobcats' free-throw attempt. you can't do that, that's a technical foul and that's going to cost you. that's right, you're going to pick up a t. if you do that and cost you $2,000 to a very expensive towel toss for the warriors' rookie. >>> all right, women's hoops now number one stanford at tennessee today. knoxville not a fun place to play for the lady cardinal. two living legends exchange handshakes, summit no longer coaching due to health reasons. stanford had the lead at the break and stanford second half now from beyond the arc, tony pokenis buries that one. then how about this? getting her own r
and tonight they expect to have steve nash back in the lineup. the normer santa clara star missed the last 24 games with a fractured fibula. the last time they played the warriors they blew them out by 24. >>> as for the warriors they beat the bobcats last night. david lee had a triple/double and 23 points, 11 rebounds and 11 assists. now watch this. late in the game, take a look at the arrow rookie barnes on bench threw a towel in the air during a bobcats' free-throw attempt. you...
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Dec 7, 2012
12/12
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rosemary orozco is in for steve today. so after the big storm steve decided he needed ha little break. >> he's a little tired. good morning, to you. happy friday. we are in for a dry weekend. modest warming trend under way. we are waking up a lo
rosemary orozco is in for steve today. so after the big storm steve decided he needed ha little break. >> he's a little tired. good morning, to you. happy friday. we are in for a dry weekend. modest warming trend under way. we are waking up a lo
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Dec 27, 2012
12/12
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. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3% decline in the market. >> does it amaze you, steve, that the markets, in your view, still consider a given that we are going to reach a deal? here we are thursday, december 27th. they still haven't issued a 48-hur notice for congress to return to capitol hill and yet you're saying the markets have baked in some sort of deal? >> yeah, i think so. i don't in he isly think the deal happened december 31st. if we pass waite without a deal earthquake the market will think something is going to happen in early january this is the way washington works, they walk right up to the edge
. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3%...
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Dec 18, 2012
12/12
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MSNBC
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and steve, let me start with you. the congressman is going to be among five new republicans, including five women. >> first of all, the new senator is actually very conservative. and i think that's good for the party because i think in the most recent elections, we lost sight of the fact that we have to talk to a lot of constituencies. we don't always represent all the people that we should. by bringing in somebody who is not only african-american, but conservative african-american, it gives us a new messenger, and i think that's very, very important to our party. >> well, in both houses, steve, you have a changing demographic. more women as members of congress. more members born in the '80s. you have this dynamics, this emotion from newtown infusing the entire nation. what do you think the cumulative impact might be? >> well, i hope when we start the new congress in january, assuming that we've dealt with the fiscal issues before then, that people will start afresh. in both bodies you have congresses that look more l
and steve, let me start with you. the congressman is going to be among five new republicans, including five women. >> first of all, the new senator is actually very conservative. and i think that's good for the party because i think in the most recent elections, we lost sight of the fact that we have to talk to a lot of constituencies. we don't always represent all the people that we should. by bringing in somebody who is not only african-american, but conservative african-american, it...
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steve is live here in washington with more. steve? >> hear in washington, dc, shock and sadness, but, also, a new determination to look at all the possible ways another tragedy could be prevented. outgoing senator joe lieberman, an independent from connecticut, had this observation about gun control. >> the same for democrats, republicans, and independents, to acknowledge two things: one, the strongest conceivable gun control laws will not stop all acts of violence. but, also, knowledge that the stronger our gun control laws are, the fewer acts violence including mass violence, will happen in our society. >> he goes further and propose as national commission, and senator durbin expressed support. tom ridge served on a state commission to investigate the virginia tech shootings five years ago and said this is a complex problem that needs careful attention. >> there are multiple players here tomorrow have a serious conversation about reducing the risk of this happening, we have to start dealing with all the layers. it is about lifecy, a
steve is live here in washington with more. steve? >> hear in washington, dc, shock and sadness, but, also, a new determination to look at all the possible ways another tragedy could be prevented. outgoing senator joe lieberman, an independent from connecticut, had this observation about gun control. >> the same for democrats, republicans, and independents, to acknowledge two things: one, the strongest conceivable gun control laws will not stop all acts of violence. but, also,...
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thanks for having me. >> steve yankovi ch for ebay. going over the fiscal cliff could cause major problems for state economies. which face the biggest threat from the potential tax hikes? joining us on the phone is laura porter, managing director at the public finance department, sector head for the state ratings group which focuses on state credits across the country. and focuses on a report, laura, looking granularly at this. good morning. >> good morning. thanks for having me. >> in general, you argue that a lot of ratings on the state front will remain unchanged no matter what. why is that? >> we feel states are fundamentally very strong credits, have strong control over their revenues and spending and the vast majority have shown the ability and willingness to adjust. so we think that the biggest and immediate threat is the fiscal cliff and what that can mean for state revenues, which quickly react to changing economy. >> you make the point -- surprise to no one, you have an unusually high degree of uncertainty in this outlook and
thanks for having me. >> steve yankovi ch for ebay. going over the fiscal cliff could cause major problems for state economies. which face the biggest threat from the potential tax hikes? joining us on the phone is laura porter, managing director at the public finance department, sector head for the state ratings group which focuses on state credits across the country. and focuses on a report, laura, looking granularly at this. good morning. >> good morning. thanks for having me....